1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
SCORPION-xisa [38]
3 years ago
9

Kellyanne hired Joshua from Southwest University. He was an amazing employee and exceeded all her expectations. The next year, s

he received an application for a job opening from another graduate from Southwest University. She was very excited to hire another outstanding candidate. Kellyanne has ________.
Business
1 answer:
Anastasy [175]3 years ago
7 0

Answer:

Representativeness heuristic bias

Explanation:

Representativeness heuristic bias occurs when there are similar events whose probability of occurrence is assumed to be the same. People mistakenly assume there is a close relationship between the two events than there really is.

For example of John is a lawyer, he is judged to be a lawyer because of expression of various traits associated with lawyers.

Kellyanne hired Joshua from Southwest University. Because of his outstanding performance, it is assumed that other considered from Southwest University will also perform outstandingly.

This is a form of representativeness heuristic bias

You might be interested in
"the number of items in a product line represents the​ __________ and the total number of product lines a company carries repres
V125BC [204]
The number of items in a product line represents the​ product line length and the total number of product lines a company carries represents the​ product width mix. Product line is a group of products that are related because they are marketed through the same types of outlets, falls within given price ranges, functions in a similar manner and are sold to the same customer groups.
6 0
3 years ago
When Kim and Liam move from spending 30 minutes of each hour producing pies and 30 minutes producing cakes to specializing in th
Novay_Z [31]

Answer:

A) 30 pies and 100 cakes.

Explanation:

Kim can produce 40 pies or 400 cakes an hour. Liam can produce 100 pies or 200 cakes an hour.

Since each one will specialize in the production of the good in which they have a comparative advantage, Kim will produce cakes and Liam will produce pies.

before specialization Kim produced 20 pies and 200 cakes, while Liam produced 50 pies and 100 cakes.

So the total gains from trade are:

  • 50 pies - 20 pies = 30 pies
  • 200 cakes - 100 cakes = 100 cakes
8 0
2 years ago
During the year, Bears Inc. recorded credit sales of $620,000. Before adjustments at year-end, Bears has accounts receivable of
AleksandrR [38]

Answer:

Bad Debt Expense Dr. $28050        

Allowance for Uncollectible accounts Cr. $28050

Explanation:

given data

credit sales = $620,000

accounts receivable = $320,000

past due = $55,000

credit balance = $2,600

rate = 7 %

rate = 22 %

solution

so here Not yet past due is = $320,000 - $55,000 -

Not yet past due = $265,000

and

past due = $55,000

so  Required provision is

Required provision = $265,000 × 7 % + $55,000 × 22 %

Required provision = $30650

and

Opening balance is $2,600

so

Required expense for year = $30650 - $2,600

Required expense for year  = $28050

so here

correct entry is

Bad Debt Expense Dr. $28050        

Allowance for Uncollectible accounts Cr. $28050

8 0
3 years ago
The amount of amount of deadweight loss as a result of the tax is:______
klio [65]

Answer:

D. $5,000

Explanation:

This deadweight in a lot of cases are seen to occur especially when demand and supply are not in equilibrium and in and in the above scenario, it is pegged at $5000. Therefore sometimes consumers experience shortages, and producers earn but they'd otherwise.

Taxes are also seen in the creation of deadweight loss because they prevent people from engaging in purchases they'd otherwise make because the ultimate price of the merchandise is above the equilibrium value. If taxes on an item rise, the burden is commonly split between the producer and therefore the consumer, resulting in the producer receiving less cash in on the item and therefore the customer paying the next price.

3 0
2 years ago
Which tool of monetary policy allows the Federal Reserve to decrease the
mihalych1998 [28]
It's D. Increasing the reserve requirement on banks
6 0
2 years ago
Read 2 more answers
Other questions:
  • Requirement 3. How much manufacturing overhead was incurred during the​ year? Is manufacturing overhead underallocated or overal
    15·1 answer
  • Where should essential oils be placed for use in tandem with steam treatments?
    5·1 answer
  • December 31. Adjusting for the salaries and benefits expense for the last three days of the accounting period would
    8·1 answer
  • There is clear evidence that the benefits of regular exercise throughout life include
    7·1 answer
  • Which of the following illustrates the law of demand? a. Jorge buys fewer pencils at $2 per pencil than at $1 per pencil, ceteri
    9·1 answer
  • Maria's company makes televisions. The Clarity, a 4K television featuring wireless capabilities, is their best selling model, an
    12·1 answer
  • A check returned by a bank because the issuer's cash account balance could not cover the check is called a(n):
    7·1 answer
  • Culver Co. purchased land as a factory site for $440,000. The process of tearing down two old buildings on the site and construc
    14·1 answer
  • Regional Lumber Company and Superior Builders Corporation enter into a contract for a sale of wood products. Regional, a merchan
    5·1 answer
  • A low credit score can lead too?
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!